EOG Resources, Inc.'s (EOG) CEO Bill Thomas on Q1 2021 Results - Earnings Call Transcript

May 07, 2021 4:30 PM ETEOG Resources, Inc. (EOG) StockEOG
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Q1: 2021-05-06 Earnings Summary

EPS of $1.62 beats by $0.11
 | Revenue of $3.69B (-21.70% Y/Y) beats by $227.24M

EOG Resources, Inc. (NYSE:EOG) Q1 2021 Earnings Conference Call May 7, 2021 10:00 AM ET

Company Participants

Tim Driggers - CFO
Bill Thomas - Chairman and CEO
Billy Helms - COO
Ezra Yacob - President
Ken Boedeker - EVP, Exploration and Production
Lance Terveen - SVP of Marketing
David Streit - VP, Investor and Public Relations

Conference Call Participants

Scott Gruber - Citigroup
Arun Jayaram - JPMorgan
Scott Hanold - RBC Capital Markets
Doug Leggate - Bank of America
Neal Dingmann - Truist Securities
Leo Mariani - KeyBanc
Jeanine Wai - Barclays
Charles Meade - Johnson Rice
Neil Mehta - Goldman Sachs
Michael Scialla - Stifel
Vincent Lovaglio - Mizuho
Nitin Kumar - Wells Fargo

Operator

Good day, everyone, and welcome to EOG Resources First Quarter 2021 Earnings Results Conference Call. As a remainder, this call is being recorded.

At this time for opening remarks and introductions, I would like to turn the call over to Chief Financial Officer of EOG Resources, Mr. Tim Driggers. Please go ahead.

Tim Driggers

Good morning, and thanks for joining us. We hope everyone has seen the press release announcing first quarter 2021 earnings and operational results. This conference call includes forward-looking statements. The risks associated with forward-looking statements have been outlined in the earnings release, and EOG's SEC filings and we incorporate those by reference for this call.

This conference call also contains certain non-GAAP financial measures. Definitions, as well as reconciliation schedules for these non-GAAP measures to comparable GAAP measures can be found on our website at www.eogresources.com. Some of the reserve estimates on this conference call, or in the accompanying investor presentation slides may include estimated potential reserves and estimated resource potential, not necessarily calculated in accordance with the SEC's reserve reporting guidelines. We incorporate by reference the cautionary note to U.S. investors that appears at the bottom

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